Friday Morning Cheat Sheet: 3 Stories Moving Markets
Markets were mixed in Asia on Friday. Japan’s Nikkei climbed 1.66 percent and closed with its first weekly gain in five weeks. In Hong Kong, the Hang Seng declined 0.59 percent, while the S&P/ASX...
View ArticleMonday Morning Cheat Sheet: 3 Stories Moving Markets
Major markets declined in Asia on Monday, fueled largely concerns over tight monetary policy in China. Japan’s Nikkei slid 1.26 percent, led by a 1.9 percent decline in the Nikkei China 50 index. In...
View ArticleIs China Preparing to Adjust its Monetary Policy?
In a statement on its website, the People’s Bank of China (PBOC) said the country should “appropriately fine-tune” its monetary policy. The published statement came as a summary of the monetary policy...
View ArticleTuesday Morning Cheat Sheet: 3 Stories Moving Markets
Markets were mixed in Asia on Tuesday. Ongoing concerns about central bank policy in both the United States and China — to say nothing of domestic monetary policy — helped drive Japan’s Nikkei below...
View ArticleTuesday Morning Cheat Sheet: 3 Stories Moving Markets
Major markets were mixed in Asia on Tuesday. Japan’s Nikkei index climbed for a fourth consecutive day, adding 1.78 percent — or 246.24 points — to 14,098.70. Relatively positive U.S. economic...
View ArticleIs the Bull Market Over in China’s Yuan?
Over the past few weeks, the Chinese Renminbi has been falling in value against the dollar. It has lost 0.8 percent of its value in the past month, and as a result, we are seeing analysts and...
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